6. According to FASB Statement No. 52, Foreign Currency Translation, the appropriate method of restatement from a
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6. According to FASB Statement No. 52, “Foreign Currency Translation,” the appropriate method of restatement from a foreign currency to the U.S. dollar for each of the following is:
Remeasurement Translation
a. Current rate Monetary/nonmonetary
b. Monetary/nonmonetary Current rate
c. Monetary/nonmonetary Monetary/nonmonetary
d. Current rate Current rate
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